8-K
filed May 19, 2025, 7:59 PM ET
ticker BBWI
CIK 0000701985
leadership
confidence high
sentiment positive
materiality 0.85
Bath & Body Works names Daniel Heaf CEO; Q1 EPS $0.49 beats high-end guidance
Bath & Body Works, Inc.
- Daniel Heaf appointed CEO effective May 16, 2025, replacing Gina Boswell who stepped down.
- Heaf previously led Nike Direct, doubling revenue to $22.3B; also held roles at Burberry.
- Q1 2025 preliminary net sales $1.424B (+3% YoY); EPS $0.49 vs $0.38 prior year.
- Full-year FY2025 guidance maintained: 1-3% sales growth and $3.25-$3.60 EPS.
- Heaf receives base salary $1.35M, target bonus 190%, and equity awards totaling $5M in sign-on grants.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gina Boswell resigned as member of the Board at Bath & Body Works, Inc..
- Action
- resigned
- Role
- member of the Board
Exact text from the filing
resigned as a member of the Board effective the same day
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Daniel Heaf was appointed as Chief Executive Officer at Bath & Body Works, Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
the Board of Directors of the Company (the “Board”) has appointed Daniel Heaf to serve as Chief Executive Officer of the Company, effective May 16, 2025
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gina Boswell resigned as Chief Executive Officer at Bath & Body Works, Inc..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
Gina Boswell ceased to serve as Chief Executive Officer of the Company effective as of May 16, 2025
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Daniel Heaf was appointed as member of the Board at Bath & Body Works, Inc..
- Action
- appointed
- Role
- member of the Board
Exact text from the filing
Mr. Heaf will be appointed as a member of the Board effective as of immediately following the conclusion of the Company’s 2025 Annual Meeting of Shareholders
View on SEC.gov
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